-11.77(-0.05%)

+9.57(+0.15%)

Forex Analysis: USD/JPY Classic Technical Report 11.16.2012

Prices are testing the 61.8% Fibonacci retracement at 81.26. A break higher exposes the 76.4% level at 81.78. Near-term support lines up at 80.84, the 50% Fib, with a drop back below that aiming for the 79.91-80.00 area.